Civic Intelligence

Fpc Preservation Foundation Inc.

990 • Fiscal year 2022 • EIN 87-0572097

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 02, 2023

12 C StSalt Lake Cty, UT 84103-2329

(801) 916-5270

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

78th percentile

0.25x

Higher debt load relative to assets than 78% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

77th percentile

0.22x

Higher debt load relative to revenue than 77% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

93rd percentile

65%

Higher net margin than 93% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

53rd percentile

$0

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

97th percentile

261%

Faster asset growth than 97% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

94th percentile

198%

Faster revenue growth than 94% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Up

$688,631

Up $497,669 (+261%) from 2021

Net Assets

Up

$515,087

Up $516,373 (+40153%) from 2021

Liabilities

Down

$173,544

Down $18,704 (-9.7%) from 2021

Revenue

Up

$797,908

Up $530,404 (+198%) from 2021

Expenses

Up

$281,535

Up $196,073 (+229%) from 2021

Net Income

Up

$516,373

Up $334,331 (+184%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0-$500KAssets 2011: $8,057Liabilities 2011: $309,3362011Assets 2012: $2,947Liabilities 2012: $260,3362012Assets 2013: $3,024Liabilities 2013: $227,3362013Assets 2014: $2,358Liabilities 2014: $215,3362014Assets 2015: $5,548Liabilities 2015: $212,8362015Assets 2016: $524Liabilities 2016: $206,0162016Assets 2017: $500Liabilities 2017: $201,4912017Assets 2018: $466Liabilities 2018: $194,1212018Assets 2019: $390Liabilities 2019: $188,2212019Assets 2020: $294Liabilities 2020: $183,6212020Assets 2021: $190,962Liabilities 2021: $192,248Net Assets 2021: -$1,2862021Assets 2022: $688,631Liabilities 2022: $173,544Net Assets 2022: $515,0872022Assets 2023: $1,430,158Liabilities 2023: $95,349Net Assets 2023: $1,334,8092023Assets 2024: $1,341,275Liabilities 2024: $106,818Net Assets 2024: $1,234,4572024

Highlighted filing

2022

Assets$688,631
Liabilities$173,544
Net Assets$515,087

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KRevenue 2011: $41,135Expenses 2011: $146Net Income 2011: $40,9892011Revenue 2012: $44,051Expenses 2012: $161Net Income 2012: $43,8902012Revenue 2013: $33,077Expenses 2013: $0Net Income 2013: $33,0772013Revenue 2014: $12,750Expenses 2014: $1,416Net Income 2014: $11,3342014Revenue 2015: $5,712Expenses 2015: $22Net Income 2015: $5,6902015Revenue 2016: $1,820Expenses 2016: $24Net Income 2016: $1,7962016Revenue 2017: $4,525Expenses 2017: $24Net Income 2017: $4,5012017Revenue 2018: $7,370Expenses 2018: $34Net Income 2018: $7,3362018Revenue 2019: $5,900Expenses 2019: $76Net Income 2019: $5,8242019Revenue 2020: $4,600Expenses 2020: $96Net Income 2020: $4,5042020Revenue 2021: $267,504Expenses 2021: $85,462Net Income 2021: $182,0422021Revenue 2022: $797,908Expenses 2022: $281,535Net Income 2022: $516,3732022Revenue 2023: $918,508Expenses 2023: $98,786Net Income 2023: $819,7222023Revenue 2024: $508,102Expenses 2024: $608,454Net Income 2024: -$100,3522024

Highlighted filing

2022

Revenue$797,908
Expenses$281,535
Net Income$516,373
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 2, 2023
Return Version
2022v5.0
Gross Receipts
$940,456
Mission and Program Overview

Mission

The primary program of service is the renovation of an historic church building. $4.78 mil has been spent. The initial renovation was complete in 2004. It won several awards for historical preservation. Additional renovation has begun late in 2021.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$48,414$687,487▲ $639,073
Investments in Publicly Traded Securities$142,548$0▼ $142,548
Savings and Temporary Cash Investments$0$1,144▲ $1,144
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$190,962$688,631▲ $497,669
Other Assets Total$0$0→ $0
Liabilities
Unsecured Notes Loans Payable$149,297$143,836▼ $5,461
Mortgage Notes Payable Secured by Investment Property$42,951$29,708▼ $13,243
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$192,248$173,544▼ $18,704
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-1,286$515,087▲ $516,373
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$-1,286$515,087▲ $516,373
Total Liabilities and Net Assets / Fund Balance$190,962$688,631▲ $497,669
Compensation and Service Providers

Board Members and Trustees

NameTitle
Wayne A SimpsonPresident
Pamela AtkinsonVice President
Bert DartDirector
Jamie WhiteDirector
Shawn NeurgbauerDirector
Steve AeschbacherDirector
Doyle ArnoldSecretary
Nancy SavageTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$788,289
Program Service Revenue
$0
Investment Income
$9,619
Other Revenue
$0
All Other Contributions
$788,289
Change in Net Assets
$516,373
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$249,447
Total Fundraising Expense$36,736
Professional Fundraising Fees$32,088
Grants and Similar Amounts Paid$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Professional Fundraising--$32,088$32,088
Other Expenses$0$0$4,648$4,648
All Other Expenses$0$232$0$232
Total Functional Expenses$244,567$232$36,736$281,535
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$32,088
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Line 8A

Meetings are announced ahead of time and documented.

Part VI, Line 11A

Document is available for board to review.

Filing and Contact Details

Filer

Filer Name
Fpc Preservation Foundation Inc
EIN
87-0572097
In Care Of
% Wayne Simpson
Phone
8019165270
Address
12 C ST, SALT LAKE CTY, UT 84103-2329

Signing Officer

Name
Wayne Simpson
Title
President
Signed
2023-11-02

Organization Details

Formed
1997
Legal Domicile
Ut
Voting Board Members
8
Independent Board Members
3
Employees
0
Volunteers
20
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IRS990/MembershipDuesAmt00
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MiscellaneousRevenueGrp/ExclusionAmt00
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt00
IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/MissionDesc0The primary program of service is the renovation of an historic church building. $4.78 mil has been spent. The initial renovation was complete in 2004. It won several awards for historical preservation. Additional renovation has begun late in 2021.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt042951
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt029708
IRS990/NetAssetsOrFundBalancesBOYAmt0-1286
IRS990/NetAssetsOrFundBalancesEOYAmt0515087
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt00
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt09100
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt09100
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncomeFromGamingGrp/ExclusionAmt00
IRS990/NetIncomeFromGamingGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncomeOrLossGrp/ExclusionAmt00
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-1286
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0515087
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt00
IRS990/OccupancyGrp/ProgramServicesAmt00
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt00
IRS990/OfficeExpensesGrp/ProgramServicesAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Construction Costs
IRS990/OtherExpensesGrp/Desc1Audio Visual Equipment
IRS990/OtherExpensesGrp/Desc2Furniture
IRS990/OtherExpensesGrp/Desc3Other Fund Raising Expense
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt34648
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt0210605
IRS990/OtherExpensesGrp/ProgramServicesAmt129334
IRS990/OtherExpensesGrp/ProgramServicesAmt24628
IRS990/OtherExpensesGrp/ProgramServicesAmt30
IRS990/OtherExpensesGrp/TotalAmt0210605
IRS990/OtherExpensesGrp/TotalAmt129334
IRS990/OtherExpensesGrp/TotalAmt24628
IRS990/OtherExpensesGrp/TotalAmt34648
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueMiscGrp/ExclusionAmt00
IRS990/OtherRevenueMiscGrp/ExclusionAmt10
IRS990/OtherRevenueMiscGrp/ExclusionAmt20
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt10
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt20
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt00
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt10
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt20
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt10
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt20
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.34$0.11$1.23$0.51$0.61$0.10
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.43$0.10$1.33$0.92$0.10$0.82
2022Detailed filing. Detailed filing data is available for this year.$0.69$0.17$0.52$0.80$0.28$0.52
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.19$0.19$0.00$0.27$0.09$0.18
2020Summary only. Only limited summary data is available for this year.$0.00$0.18$0.00$0.00$0.00
2019Summary only. Only limited summary data is available for this year.$0.00$0.19$0.01$0.00$0.01
2018Summary only. Only limited summary data is available for this year.$0.00$0.19$0.01$0.00$0.01
2017Summary only. Only limited summary data is available for this year.$0.00$0.20$0.00$0.00$0.00
2016Summary only. Only limited summary data is available for this year.$0.00$0.21$0.00$0.00$0.00
2015Summary only. Only limited summary data is available for this year.$0.01$0.21$0.01$0.00$0.01
2014Summary only. Only limited summary data is available for this year.$0.00$0.22$0.01$0.00$0.01
2013Summary only. Only limited summary data is available for this year.$0.00$0.23$0.03$0.00$0.03
2012Summary only. Only limited summary data is available for this year.$0.00$0.26$0.04$0.00$0.04
2011Summary only. Only limited summary data is available for this year.$0.01$0.31$0.04$0.00$0.04
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2022 filings • 501(c)3 • $500k-$1M nonprofits